sarbanes oxley act news from FierceSarbox
News
Use of section 304 ticks up in fraud cases
As you may recall, section 304 of Sarbanes-Oxley allows for the forfeiture of bonuses paid to CEOs and top financial officers if their companies were forced to restate earnings due to fraud. This Read more...
Court ruling validates Section 1103
We don't hear much about Section 1103 of Sarbanes-Oxley. It basically allows companies to escrow "extraordinary payments" that are due to officers, directors, or others who commit crimes. CFO.com Read more...
Sarbanes Oxley effect still palpable in hiring
I've said it before, and it's worth repeating: the Sarbanes Oxley act ought to be the accountants' full employment and high-pay act. This is how a PricewaterhouseCoopers manager tells the story to Read more...
Little impetus to change Sarbox law
Sarbanes Oxley is the law that everyone loves to hate. Even Michael Oxley himself has some reservations about it. It's an easy target in many ways. But for all the angst, it looks like now there will Read more...
Sarbox as a Presidential-election year issue
Do you think Sarbanes Oxley has legs as a political issue? Well, Rudy Giuliani has weighed in. He says he originally supported the law but has recently developed a more critical mindset. He says Read more...
Audit firms "forget" to register
This news seems almost fit for The Onion: Nearly 70 accounting firms and partners, which are charged with carrying out Sarbanes Oxley ethics reforms, have "forgotten" to register with the board that Read more...
Accountants and firms charged with Sarbanes Oxley violations
The SEC charged 69 accounting firms and accountants with violating the 2002 anti-trust law. According to
Read more...Compliance Readiness--A Way of Life
By Paul Reymann, CEO, ReymannGroup Over the past few years, organizations have undertaken massive efforts to implement Sarbanes-Oxley Act (SOX) Sections 302 and 404 requirements. Yet many Read more...
Play corporate politics with Sarbox
Sarbanes-Oxley is a convenient scapegoat in a lot of ways. If a company wants to go private, there's no Read more...
Congress asks for probe of SEC processes
One beneficiary of the Sarbanes-Oxley act was the Securities and Exchange Commission, which received a significant boost in funds for its enforcement and examinations divisions. Now, congress has Read more...

